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a low in welcome to cross truck russia's economy in two thousand and thirteen what are its strengths weaknesses opportunities and threats is the russian economy becoming more or less competitive is the pace of reform on track and is russia prepared to withstand external shocks. to cross out the prospects of the russian economy in two thousand and thirteen i'm joined by my guest in moscow jake up you know he's the chief economist at morgan stanley ben ayres he's the editor in chief of business new europe and yes laugh lisa volek he is the chief economist at deutsche bank russia our german cross-talk rules and i mean you can jump in anytime you want but before we talk about the swan analysis of the russian economy ben i want to go to you when reading newsweek a few days ago writer owen matthews and we have ed lucas over at the economist they keep telling me for about a decade now that this economy is about to collapse now you're a journalist is well you don't say the same thing where's the disconnect. people tend to focus on the negative part of the story and the trouble at the russia
a low in welcome to cross truck russia's economy in two thousand and thirteen what are its strengths weaknesses opportunities and threats is the russian economy becoming more or less competitive is the pace of reform on track and is russia prepared to withstand external shocks. to cross out the prospects of the russian economy in two thousand and thirteen i'm joined by my guest in moscow jake up you know he's the chief economist at morgan stanley ben ayres he's the editor in chief of business...
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Jan 18, 2013
01/13
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FBC
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the economy revving up in the fourth quarter. phil flynn of price futures group is in the trading pits of the cme for us. >> the most exciting thing that i heard today was that api report. yes, the man did that to the lowest level in over 16 years. production, the highest level since before the civil war, consider that. up 16%. that is an incredible number. it is really changing the global energy market. there will still be some risk factors going into the weekend. we are a little bit concerned. right now, prices are staying pretty steady. there are a lot of market ahead of this three-day holiday weekend. melissa: i am surprised that that kind of data does not have an impact on price. >> partly, it is because of the economics. the dollar viewpoint. demand growth in the future. the other issue is that what we will see is the global marketplace, as well, starting to get out into the global marketplace. it will drive up the cost of wti. really, you have to look at this bread. you know, we will see falling prices in europe. lower pro
the economy revving up in the fourth quarter. phil flynn of price futures group is in the trading pits of the cme for us. >> the most exciting thing that i heard today was that api report. yes, the man did that to the lowest level in over 16 years. production, the highest level since before the civil war, consider that. up 16%. that is an incredible number. it is really changing the global energy market. there will still be some risk factors going into the weekend. we are a little bit...
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Jan 20, 2013
01/13
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FOXNEWSW
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. turn your world upside down with gillette fusion proglide because you can shave against the grain with comfort with our thinnest blades. our most comfortable shave or twice your money back. gillette, the best a man can get. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> if i'm comments from brit hume and chris wallace. what do you expect to see, not just tomorrow, but what is this? approximate brit? >> i think what may turn out to be the most important political development of the week was the announcement that obama organizing for america, the obama operation -- organizing for
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. turn your world upside down with gillette fusion proglide because you can shave against the grain with comfort with our thinnest blades. our most comfortable shave or twice your money back. gillette, the best a man can get. [ male announcer ] how do you...
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the russian economy say that i like to. leave the little. things are. plain. do we speak your language anybody will or not a day of school music programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. the choice at all to spanish to find out more visit i to allahabad all tito is calm. place. and. length. and. close i. download live. stream. and enjoy it. if you're always. welcome back across to remind you we're talking about the prospects for the russian economy in two thousand and thirteen ok. let's not use this one analysis here i mean let's look at the russian economy this year what's its greatest strength. i think the room resources i mean the fact that it's making money and that it isn't any money it's got no debts and that puts it in a very comfortable position because you know despite the failures of reform or the lack of reform and some areas russia can afford to get it wrong to make mistakes restraint can also turn into a threat ok take up what do you think its greatest strength.
the russian economy say that i like to. leave the little. things are. plain. do we speak your language anybody will or not a day of school music programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. the choice at all to spanish to find out more visit i to allahabad all tito is calm. place. and. length. and. close i. download live. stream. and enjoy it. if you're always. welcome back across to remind you we're talking...
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Jan 16, 2013
01/13
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MSNBCW
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other factor, too, is we can't forget that one of the best anecdotes to a deficit is a strong, growing economy, particularly growing jobs. and so there are things we have to do to grow jobs. >> i think everybody agrees on the jobs front. anyway, senator jack reed, democrat from rhode island, the senior man when it comes to military affairs in the u.s. senate these days. thank you, sir. >> thank you. >>> up next, the presidential limo gets tagged a political punch. and the second term shuffle continues. another cabinet secretary announces his time for departure. >>> plus, former president bill clinton speaks out on secretary clinton's health and how it could affect any ambitions she might have for 2013. >>> but first, today's trivia question. how many presidents have been inaugurated in an even-numbered year? tweet me the answer, @chucktodd and @dailyrundown. the first correct answer gets a follow we say from us. the correct answer and more is coming up on t"the daily rundo " rundown." nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for m
other factor, too, is we can't forget that one of the best anecdotes to a deficit is a strong, growing economy, particularly growing jobs. and so there are things we have to do to grow jobs. >> i think everybody agrees on the jobs front. anyway, senator jack reed, democrat from rhode island, the senior man when it comes to military affairs in the u.s. senate these days. thank you, sir. >> thank you. >>> up next, the presidential limo gets tagged a political punch. and the...
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Jan 15, 2013
01/13
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CSPAN
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i want to see our economy recover. i would like to see this -- stronger labor markets, fiscal policy address the issues that i mentioned. there are a lot of difficult issues out there. i do think things are moving, not as fast as we would like, but in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause]as i mentioned, i am sure that there are a great many questions that have already been shared with our presenters. let me turn the floor to them. quick thank you for your comments chairman bernanke. i am a masters student. the first question is this -- if treasury minted a trillion dollar platinum coin, with the fed have except did it -- accepted it? >> i am not going to give that any oxygen. as you probably know, the treasury and federal reserve -- the treasury issued a statement that we did not think this was the right way to deal with this problem. there are legal issues and policy issues. the right way to deal with this problem, as i said earlier, is for congress to
i want to see our economy recover. i would like to see this -- stronger labor markets, fiscal policy address the issues that i mentioned. there are a lot of difficult issues out there. i do think things are moving, not as fast as we would like, but in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause]as i mentioned, i am sure that there are a great many questions that have already been shared with our presenters. let me turn the floor...
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what we have in this economy is we already have one of the most flexible economies in the world and it doesn't seem to have done us any long term good terms of creating jobs or making people more productive this is the other side as the sort of solutions that i'm talking about are if you have to find solutions to challenge of a falling demand you might actually go. to rather than simply saying oh well we can't do anything let's just let people. markets why not. find out what's really happening to the global economy with mike scott for a no holds barred look at the global financial headlines tune in to kaiser report on r t. i. download the official publication to yourself choose your language stream quality and enjoy your favorites from alzheimer's if you're away from your television or it just doesn't matter now with your mobile device you can watch on t.v. anytime anywhere. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be mediators. self-imposed out costs from society i will contact myself am
what we have in this economy is we already have one of the most flexible economies in the world and it doesn't seem to have done us any long term good terms of creating jobs or making people more productive this is the other side as the sort of solutions that i'm talking about are if you have to find solutions to challenge of a falling demand you might actually go. to rather than simply saying oh well we can't do anything let's just let people. markets why not. find out what's really happening...
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find out what's really happening to the global economy with max kaiser for a no holds barred look at the global financial headlines tune into kinds a report on our hold it hold it. hold it. at. least let. the good speak. she. and. her. with. a bomb in a good. place. just sneak. in and. out of my mind i'm a little.
find out what's really happening to the global economy with max kaiser for a no holds barred look at the global financial headlines tune into kinds a report on our hold it hold it. hold it. at. least let. the good speak. she. and. her. with. a bomb in a good. place. just sneak. in and. out of my mind i'm a little.
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what we have in this economy is we already have one of the most flexible economies in the world and it doesn't seem to have done us any long term good terms of creating jobs or making people more productive this is the other side as the sort of solutions that i'm talking about are if you have to find solutions to challenge of a falling demand you might actually go down the route of making your workforce more productive getting more out of the capital that you are investing rather than simply saying oh well we can't do anything let's just let people go right on the dealt that's no solution for the economy as a whole actually happening is a solution for any individual company either oh into debt thank you very much. yet another tragic shooting right on the streets of the capital is again cause to open the gun debate across the nation now all the talking heads are saying that you got to take away the guns to be safe well the problem is that the shooting happened right on the streets of the capital of a country where the guns have already been taken away paris france three kurdish women on
what we have in this economy is we already have one of the most flexible economies in the world and it doesn't seem to have done us any long term good terms of creating jobs or making people more productive this is the other side as the sort of solutions that i'm talking about are if you have to find solutions to challenge of a falling demand you might actually go down the route of making your workforce more productive getting more out of the capital that you are investing rather than simply...
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Jan 16, 2013
01/13
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KCSMMHZ
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will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners. >> it has been hav
will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting...
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Jan 21, 2013
01/13
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CNBC
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what does the president need to do, what can he do to get the economy growing? >> well, look, in the near term what he needs to do, and i'm not sure politically -- forget about the politics, which is is interesting. he told his staff, give me good advice, forget about politics for now. i think that makes sense. i think he's in a similar space to where you're asking. i think what he needs to do in the short term is think about fiscal measures to help complement what the federal reserve is doing. they have the pedal to the metal on interest rates. they're very low. absent more demand on the consumer side, obviously low interest rate isn't going to be enough. so he has to do some of these jobs measures and you have actually seen some of those slipping into the budget bills. infrastructure is something he'd really like to see more of. >> chuck, even if republicans have backed away on debt limit as a potential threat, do you really think that they're going to cooperate on stimulus as jared is recommending? >> no, i think that's probably a bridge too far. i do think t
what does the president need to do, what can he do to get the economy growing? >> well, look, in the near term what he needs to do, and i'm not sure politically -- forget about the politics, which is is interesting. he told his staff, give me good advice, forget about politics for now. i think that makes sense. i think he's in a similar space to where you're asking. i think what he needs to do in the short term is think about fiscal measures to help complement what the federal reserve is...
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it is all to point to a ship which triumphs economy and social progress economy development and social progress so i don't see in korea have to change drastically is a model for economy course we have to import food and we have to put back it's a cent off the printer. let's take a look at the markets to see how they finished this week over in europe equities ended friday's session mixed to see gained a third of a percent thanks mainly to the metals sector that reacted to two upbeat news from china the dax ended below the line and then here in moscow take a look an impressive day for the equities both of the our t.x. and r.t.s. excuse me and the my six posted very strong gains about one percent each the r.t.s. closed above the psychologically important level of sixteen hundred points for the first time since april now on the currency markets to the dollar was strengthening to the euro and as you're seeing here the russian ruble closed mixed to the major currencies. now business r.t. will continue to bring you the latest from davos all week long for more coverage you can check out our we
it is all to point to a ship which triumphs economy and social progress economy development and social progress so i don't see in korea have to change drastically is a model for economy course we have to import food and we have to put back it's a cent off the printer. let's take a look at the markets to see how they finished this week over in europe equities ended friday's session mixed to see gained a third of a percent thanks mainly to the metals sector that reacted to two upbeat news from...
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Jan 16, 2013
01/13
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KCSM
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the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession. >> let's move on to corporate news then. record sales at s.a.p. we heard today. >> very good numbers. surprisingly good numbers coming from the sales side, but the profits went down because s.a.p. had to do some big investments, buying new technol
the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget...
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Jan 16, 2013
01/13
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LINKTV
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will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners. >> it has been hav
will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting...
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Jan 16, 2013
01/13
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CSPAN2
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toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with people estate tax reform is going to because of scheduling. need to do with the limits of kuester and the house republicans concern if they do anything on tax reform, that they may leave themselves open to the senate not taking action and therefore an unpopular vote for no reason. are you optimistic on tax reform? >> first of all, we have to resolve this debt crisis in terms of sequestration and intern says the full faith and credit of the u.s. in the next six weeks. we are going to accomplish tax reform in the next six weeks. so we have a
toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with...
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greatly divergent economies were put together. you know it you stitched up a frankenstein in a way and then injected blood into its main grease entered the monetary union its g.d.p. per capita it was about a third that of germany. but then greece started to increase the level of spending and it increased it a great deal now if they had stayed out of the eurozone if they were in this position now with the drachma of course they could devalue that devaluation would cut their debt down but in the process right now if people thought that was going to happen interest rates would soar and they wouldn't be able to do it but like you said countries like greece and spain portugal they kept losing competitiveness one stage joined the european union and that's because they had nothing to devalue to in order to make up for their losses and that of course is also because of the euro i mean they really had their hands tied with the euro they couldn't really stimulate their economies domestic economies i made a plan for the year i think it was t
greatly divergent economies were put together. you know it you stitched up a frankenstein in a way and then injected blood into its main grease entered the monetary union its g.d.p. per capita it was about a third that of germany. but then greece started to increase the level of spending and it increased it a great deal now if they had stayed out of the eurozone if they were in this position now with the drachma of course they could devalue that devaluation would cut their debt down but in the...
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Jan 15, 2013
01/13
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LINKTV
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the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession. >> let's move on to corporate news then. record sales at s.a.p. we heard today. >> very good numbers. surprisingly good numbers coming from the sales side, but the profits went down because s.a.p. had to do some big investments, buying new technol
the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget...
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Jan 19, 2013
01/13
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CSPAN
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i want to see our economy recover. i like to see a stronger labor market, fiscal policy address the issue that i mentioned. -- issues that i mentioned. i think that things are moving in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause] i am sure there are a great many questions that have already been shared with our presenters. let me turn the floor to them. >> i master student -- am a master's student. if treasury had mentored a trillion dollars and platinum coin, with the fed have accepted it -- minted a trillion dollar platinum coin, with the fed have accepted it, and what would it mean going forward? >> i am not going to give that any oxygen. [laughter] the treasury and federal reserve over the weekend -- the treasury issued a statement that the federal reserve approved, stating that we did not think this was the right way to deal with this problem. there are legal issues, policy issues. the right way to deal with this problem is for congress to do what it is s
i want to see our economy recover. i like to see a stronger labor market, fiscal policy address the issue that i mentioned. -- issues that i mentioned. i think that things are moving in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause] i am sure there are a great many questions that have already been shared with our presenters. let me turn the floor to them. >> i master student -- am a master's student. if treasury had mentored...
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Jan 18, 2013
01/13
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KQEH
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 18, 2013
01/13
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KQED
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economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond the housing, the economy has recently been showing other signs of strength. retail sales and manufacturing activity were surprisingly strong in december. today, we learned that jobless claims are at a five-year low. on top of that the stock market, often considered a leading indicator of the economy hit a five-year high today. we're not talking about any old high, it's the highest level for the s&p 500 since before the financial crisis. still, not all economists believe there's reason to celebrate, just yet. >> we've been looking for moderate g
economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond...
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Jan 14, 2013
01/13
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CNNW
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans and congress have two choices here, they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. the time lime republicans in congress even flirted with this idea, our aaa c
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans...
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Jan 18, 2013
01/13
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CSPAN2
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and the thing that hung over the economy at that time was inflation. we just couldn't seem to deal with the inflation problem. so we had a deep recession in '7 4-'75. we had another recession in 1980, we had another recession in 1981-'82, so a double dip recession. and then finally, paul volcker who was chairman of the federal reserve and his colleagues decided to whack the economy over the head really hard and take the inflation out of the system, and finally it did, although it took a while. it wasn't really until the fall in oil prices in '86, but we really got rid of the inflation demon and, i think in some ways, laid the groundwork for the period following that in the 1990s when we had strong productivity growth, we had strong markets really starting in the mid 1980s. so the analogy in my mind is we have this deficit that's now hanging over us, um, and for some of the same reasons it's a really hard problem to solve. it lacks a federal reserve, so we don't have the equivalent of an actor like paul volcker who can come in and say, okay, we're going
and the thing that hung over the economy at that time was inflation. we just couldn't seem to deal with the inflation problem. so we had a deep recession in '7 4-'75. we had another recession in 1980, we had another recession in 1981-'82, so a double dip recession. and then finally, paul volcker who was chairman of the federal reserve and his colleagues decided to whack the economy over the head really hard and take the inflation out of the system, and finally it did, although it took a while....
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Jan 14, 2013
01/13
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and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a lot of the people are on the far left or far right of the extremes of both ends. that's where people get all excited, get involved. either directly or their resources, their money behind in what they believe in. sometimes it draws them further apart. tom brokaw basically says that 75% of all of our congressional districts are bulletproof. so if you're there, and you've already established yourself, whether you're on the right or left, you're pretty well solid. so you only have to play to a certain core. and that's not healthy. and so a lot of changes need to be
and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a...
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Jan 18, 2013
01/13
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 21, 2013
01/13
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CNBC
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i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right? the last four years, in your view? what could he have done better or has he done wrong? >> four years ago right around this time when i was a member of the administration's economics team, i was remembering the juxtaposition of great hope and expectations and the real horror of what was going on in macroeconomy. gdp contracting at 9%. i think the president came in and hit very hard and broke the back of the great recession a lot sooner than people expected. certainly the financial markets were reflated much more quickly and at less expense than people expected.
i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right?...
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Jan 15, 2013
01/13
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KRCB
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since 2003, the economy has been steadily growing. but most of that growth hinges on mining copper and other raw materials. and this concerns jakamba. >> we are used to buy things, supplying raw materials to the western world. then we receive finished products. why don't we have finished products ourselves and export to the rest of the world? >> reporter: to get his business growing, chikamba hired ten young people. two years later, they came out with a product that's caught on big in zambia. it's called a bicycle with a long covered. many hospitals in zambia can't afford a truck. so it's in big demand. but chikamba had another idea, to make a bicycle using material that grows locally, bamboo. >> it's a bit of a product. we have excess in africa. coming to a point to convert it to a bike, it's something that's a novelty. it's unique. >> reporter: bamboo in zambia is very durable. its thickness is just right for bicycle frames. once the bamboo dries out, workers cut it. then they join it. next, they bind it several times. after the res
since 2003, the economy has been steadily growing. but most of that growth hinges on mining copper and other raw materials. and this concerns jakamba. >> we are used to buy things, supplying raw materials to the western world. then we receive finished products. why don't we have finished products ourselves and export to the rest of the world? >> reporter: to get his business growing, chikamba hired ten young people. two years later, they came out with a product that's caught on big...
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the cause report looks at the source of all the risk which is making the world's economy so unstable. getting hazardous out there lots of toxic derivatives nuclear meltdowns nine hundred micrograms of particulate air so thick you can hardly brave people so thick you can barely stand living next to the. risk. again idea why don't we just remove the wrist from the. oh that's right because that risk there would be no african capital as you know no. because report coming away very soon here on our teens thing with money matters we have natasha and katie with the business of. choice it's built it's miraculous economic recovery low cost manufacturing but that's all going to change and what's happening there well it does seem like the world's second largest economy is losing its competitive edge and i have katie over here that knows all about it does it really seem like it's losing out to countries in southeast asia like indonesia and vietnam that how cheaper a production capacity is because it's direct foreign investment this year sliding it's down almost four percent indeed and that's very
the cause report looks at the source of all the risk which is making the world's economy so unstable. getting hazardous out there lots of toxic derivatives nuclear meltdowns nine hundred micrograms of particulate air so thick you can hardly brave people so thick you can barely stand living next to the. risk. again idea why don't we just remove the wrist from the. oh that's right because that risk there would be no african capital as you know no. because report coming away very soon here on our...
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find out what's really happening to the global economy with monks cause or for a no holds barred look at the global financial headlines kaiser report. looks. olympos that colin. clint. good speech. and. i wish i. looked. like a bomb it's a good. place to. play lists. and i'm a. little out of line i'm a little. timid speak your language. programs in documentaries in arabic in school here on the t.v. reporting from the world's hot spots of the ip interviews intriguing story for you to. live in trying. to find out more visit our big teeth dog called. live nation and free couldn't take should free in-store charges free to make amends three risk free studio time free live download free broadcast plug in video for your media projects a free media don tarty dot com. live . science checked.
find out what's really happening to the global economy with monks cause or for a no holds barred look at the global financial headlines kaiser report. looks. olympos that colin. clint. good speech. and. i wish i. looked. like a bomb it's a good. place to. play lists. and i'm a. little out of line i'm a little. timid speak your language. programs in documentaries in arabic in school here on the t.v. reporting from the world's hot spots of the ip interviews intriguing story for you to. live in...
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but now it looks like it could all be over what was it about well exactly the world's second largest economy is or does seem to be losing its competitive edge and i have katie here with me to talk more about it so it does seem like other countries in southeast asia including indonesia vietnam they all seem to be cheaper in terms of production rates so but i'm a big believer in china's economic miracle i don't think it's over where you have to say no i really think there is that i think that's a long way off but they're all from us signals of problems and as you say there are some rivals are on the agenda as well really i'm talking about the decline in foreign direct investment because it's now down the first time it's been down since two thousand and nine two thousand i will be dealing with a global economic crisis of course so this is you know a lot of bells are going off why it's full to do with manufacturing costs are getting higher they don't have the labor costs they used to have back in the day for the last three decades really which is managed to help their economy just grow at a asto
but now it looks like it could all be over what was it about well exactly the world's second largest economy is or does seem to be losing its competitive edge and i have katie here with me to talk more about it so it does seem like other countries in southeast asia including indonesia vietnam they all seem to be cheaper in terms of production rates so but i'm a big believer in china's economic miracle i don't think it's over where you have to say no i really think there is that i think that's a...
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Jan 21, 2013
01/13
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we are going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause] hey. [applause] i thought you weren't coming out! i thought you weren't coming. thought you changed your mind. [applause] >> hi, everybody. [applause] excuse our tardiness, but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. pardon our delay. [applause] thank you so much. thank you for that kind introduction. more importantly, thank you for your leadership. [applause] i love joe biden. [applause] i love jill a li me. [laughter] but i want to thank you both for making this journey so much more fun. our families have bonded and this has just been a phenomenal four years. i am ready to do four more with both of you. most of all, i want to thank all of you here tonight for everything you have done to bring this inauguration to life. this weekend has been such a wo
we are going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause] hey. [applause] i thought you weren't coming out! i thought you weren't coming. thought you changed your mind. [applause] >> hi, everybody. [applause] excuse our tardiness, but you know what? when stevie wonder has a few words to...
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Jan 16, 2013
01/13
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CNBC
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economy. we'll see their economy return to growth. and you can't ultimately pay down debt until you've got economic growth. >> and just to get a little specific, what trades do you like then given the scenario that you're laying out? >> i think generally -- i think the story about europe is a global one because it's been the biggest drag on global growth. we've had a global confidence cries us that has prevented all of this cash -- if you look at u.s. companies, there's $2 trillion of cash -- >> trades, trades, pierce, trades. >> equities primarily. >> okay. >> and then you can pick. i think it's still going to be a macro move. you say trade, you want me to talk about sectors or geographic locations, fine. i think generally equities will go higher. peripheral europe will still outperform as will china. i like china particularly because it's undervalued. i think they're going to benefit from the european story. >> we'll talk about what needs to happen in the bond markets, as well. >> yes. >> in
economy. we'll see their economy return to growth. and you can't ultimately pay down debt until you've got economic growth. >> and just to get a little specific, what trades do you like then given the scenario that you're laying out? >> i think generally -- i think the story about europe is a global one because it's been the biggest drag on global growth. we've had a global confidence cries us that has prevented all of this cash -- if you look at u.s. companies, there's $2 trillion...
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crisis however germans are happy with the way that she's managed this crisis and managed germany's economy throughout it but as i say it's going to come down to whether she can convince the german people that she's the right person to manage german interests at home as well as those abroad whether she can win not third term towards the end of this year. now with a general election looming in israel polls predict there will be little changes to the makeup of the country's parliament their forecasts are promising the return of prime minister binyamin netanyahu is right wing the coup party or the many voters apathetic and disillusioned parties policy or reports the countdown has begun but instead of scanning the papers to brush up on who's saying what in the final hours before his radios head to the polls. is searching for an apartment the twenty eight year old is desperate to move out of his parents' home but times are tough and he blames the government but i'm not going to vote i see who are the candidates and there is no one standing who represents me or who can change the general mood in
crisis however germans are happy with the way that she's managed this crisis and managed germany's economy throughout it but as i say it's going to come down to whether she can convince the german people that she's the right person to manage german interests at home as well as those abroad whether she can win not third term towards the end of this year. now with a general election looming in israel polls predict there will be little changes to the makeup of the country's parliament their...
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be the economy or whether it be his own backbenchers now widely expected that the prime minister will pledge a major european treaty with vision included in that would be a clawing back powers to britain in key areas such as economic and social laws that govern labor and policing and criminal justice will need to put its membership in the e.u. would then be put to the country's citizens in a referendum after the next general election i think you've really got what he really painted himself into a corner where he's got to have a referendum after an election and he will try a skillful politician if he is to paper over the cracks to give a bit. and say that we now are looking for europe to make a response to our proper requests that it will be a very. confident speech until you actually analyze it and you see that he's asking for the e.u. to behave in a way that's not open. hell. labor say a referendum would be condemning britain to years of uncertainty you can't say the prime minister with talk of repatch nation is being misleading and they are strong on style they say lacking in substa
be the economy or whether it be his own backbenchers now widely expected that the prime minister will pledge a major european treaty with vision included in that would be a clawing back powers to britain in key areas such as economic and social laws that govern labor and policing and criminal justice will need to put its membership in the e.u. would then be put to the country's citizens in a referendum after the next general election i think you've really got what he really painted himself into...
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economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond market bull bull bond market where interest rates were falling now we're at a juncture in time where britain has got its manufacturing capacity they're left with financial services as really the only engine of growth during a period of bond collapse and interest rates rise that's why i'm shorting the british pound that's why jim rickards the famous guru who wrote currency war has come out and said the british pound is toast jeremy warner who's a cheerleader for the government over there at the telegraph is pointing out even that the pound is toast a payload in the yen are toast additionally not only are
economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond...
SFGTV2: San Francisco Government Television
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Jan 14, 2013
01/13
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SFGTV2
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so the bike is the grease in the amsterdam economy. you have to build less highways, you have to build less parking garage. you put the bike -- use very little space. where you have to build parking garage, they're very expensive. there are recent surveys that companies pay up to 30,000 euros, that's $50,000 per year per person to have them traffic by car to work, where as a bike costs only 250 euros so there are large benefits at stake. also, there is lots of surveys that show that people who live in towns where there is more cycling, people like to live there better than in towns where there is less cycling. there are an overwhelming lot of advantages on cycling and i'm going to put some -- and then this is what oakland should do as few of them -- recommendations that are put together oakland also could be used for san francisco. one thing is, if you want to have these advantages, for instance, if you're scared about all the money that goes to building highways, well, you can only reduce the number of highways that are to be built if
so the bike is the grease in the amsterdam economy. you have to build less highways, you have to build less parking garage. you put the bike -- use very little space. where you have to build parking garage, they're very expensive. there are recent surveys that companies pay up to 30,000 euros, that's $50,000 per year per person to have them traffic by car to work, where as a bike costs only 250 euros so there are large benefits at stake. also, there is lots of surveys that show that people who...
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Jan 15, 2013
01/13
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KCSM
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the economy is contracting -- few feel like celebrating. the economy is contracting. the unemployment rate is higher than before ben ali's ousting. >> it is one of the largest religious gatherings in the world. millions of indians have bates together in the ganges to mark the start of the -- have bathed together in the ganges to mark the start of the maha kumbh mela religious festival. >> environmentalists have warned before that the ganges is heavily polluted. some 110 million people are expected to take part in the religious festival, which runs until mid-march. that is all for now. remember, you can find out more about these and other stories at our website, www.dw.de. >> thank you for watching. see you next time. captioned by the national captioning institute --www.ncicap.org--
the economy is contracting -- few feel like celebrating. the economy is contracting. the unemployment rate is higher than before ben ali's ousting. >> it is one of the largest religious gatherings in the world. millions of indians have bates together in the ganges to mark the start of the -- have bathed together in the ganges to mark the start of the maha kumbh mela religious festival. >> environmentalists have warned before that the ganges is heavily polluted. some 110 million...
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Jan 18, 2013
01/13
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KCSM
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reporting on the condition of germany's economy, the economics minister was keen to take as much credit as possible for record employment numbers, rising income, and falling debt. >> it is no accident that our economy is in good shape. it is no accident that new jobs are being created every day. they were created by the efforts of the german people, but they were also created by this governing coalition from >> but the opposition social democrats promptly pounced on the economics minister's claims. >> if you had anything to do with economic growth, then you have heard growth even more than you have hurt your own party's election results. >> the man who hopes to take chancellor merkel's job later this year accused her of failing to recognize the dangers of an unrestrained financial system. >> for too long, the government has tried to pretend it is all just a debt crisis of other individual countries, but that is only part of the story. now the truth is going to hit you in german taxpayers where it hurts. >> merkel and her cabinet are now hoping economies across europe will start to pick
reporting on the condition of germany's economy, the economics minister was keen to take as much credit as possible for record employment numbers, rising income, and falling debt. >> it is no accident that our economy is in good shape. it is no accident that new jobs are being created every day. they were created by the efforts of the german people, but they were also created by this governing coalition from >> but the opposition social democrats promptly pounced on the economics...
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the real economy so yes the u.k. is definitely going down relative to other countries indonesia is in fact indeed rising and that's about the one thing the report has managed to get right in all other respects the report is utterly preposterous taking a view over thirty three years i mean the intelligence agencies take ten fifteen years maximus their view. regards global warming the report hasn't even heard that or gusts institution the b.p. c meteorological office and now admits there's been no global warming for sixteen years there are plenty of factors in the situation but not carbon dioxide. records just likely ask you about ok you can't predict ahead thirty years so this report is nonsense but clearly is there something that the u.k. perhaps could do to remedy its course at the moment in order for that not to happen because obviously it seems to be a start prediction and could happen. oh yes the way forward is simply number one control of this outrageously out of control arrogant elitist financial institutions a
the real economy so yes the u.k. is definitely going down relative to other countries indonesia is in fact indeed rising and that's about the one thing the report has managed to get right in all other respects the report is utterly preposterous taking a view over thirty three years i mean the intelligence agencies take ten fifteen years maximus their view. regards global warming the report hasn't even heard that or gusts institution the b.p. c meteorological office and now admits there's been...